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Mumbai: The Reserve Bank of India's (RBI) monthly bulletin indicates that the growth momentum of the Indian economy observed in the first half of the current financial year is expected to continue into the second half. ....
RBI economists reject IMF view that India's debt-GDP ratio may shoot up canindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from canindia.com Daily Mail and Mail on Sunday newspapers.
Despite a resi- lient economy that has outpaced most forecasts and is projected to grow at a commendable 7 per cent in 2024- 25, the RBI acknowledges the intricacies of the last leg of disinflation. ....
Since April 2022, the RBI has adopted a stance of focusing on withdrawal of accommodation to tackle inflation. Liquidity in the banking system has been at a deficit over the past six months, with the weighted average call rate (WACR) broadly remaining 20-25 basis points above the repo rate from August to January. The WACR is the operating target of the RBI s monetary policy. ....